Wild, Wild Horses

Silicon Valley has always showered so much money on the deserving and undeserving that it would be hard for any one of us to say which group we ourselves belonged to. But one crucial difference between this boom and the last is that the folks in the last boom had to ship or starve. Today, not shipping pays pretty well. Read More

The Best Ideas of 2012

Quartz, the Atlantic Monthly’s new business magazine, recently asked me to compile a list of the best ideas to emerge this year from the technology industry, in an essay published just after Christmas. Here are some of the highlights: The last-second economy: in the I’ll-call-you-when-I’m-close era, consumers expect everything to be available on a moment’s notice,… Read More

Never Tell Me the Odds

In a board call last month, I finally told everyone that the commission savings that Redfin offers home sellers and home buyers dramatically lowers our profits margins and there is no evidence that it drives more revenue. We have, I told our investors, given away $100 million because of my irrational belief that Redfin was… Read More